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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.001070 0.001070 0.001060 0.001065 -0.000005
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long term trend has been DOWN since Jul 7th, 2017 at 0.001060

intermediate term up The intermediate term trend has been UP since Aug 11th, 2017 at 0.001060

short term down The short term trend has been DOWN since Aug 17th, 2017 at 0.001065

Smart Scan Analysis for COPBRL

Based on a pre-defined weighted trend formula for chart analysis, COPBRL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001070 0.001070 0.001060 0.001065 -0.000005
Prev. Close Volume Bid Ask Time
0.001070 0.001060 0.001070 2017-08-17 11:13:07
Want to analyze Colombian Peso/Brazilian Real COPBRL or another symbol? Try our Free Forex Trend Analysis Report.